Sold STC
Royal Avenue West, Onchan
Overview
- Commercial
- 0
- 0
Description
- Residential investment opportunity
- 3 x two bedroom flats
- In need of renovation and modernisation
- Projected rental income: £25,020 per annum
- Potential for growth with renovation and modernisation
An opportunity to acquire a residential investment property comprising of 3 x 2 bedroom flats.
Flats 1 & 2 are vacant and flat 3 has a long term tenant. All flats require renovation work throughout and would benefit from modernisation.
Annual rental income of £8,340, with a potential of £25,020 per annum when fully let, reflecting a gross yield of 7.69%. Potential for growth with renovation and modernisation.
Property Documents
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Details
Updated on June 14, 2023 at 2:34 pm- Property ID: DR3435
- Price: Asking price: £325,000
- Bedroom: 0
- Bathroom: 0
- Property Type: Commercial
- Property Status: Sold STC
Additional details
- Residential investment opportunity:
- 3 x two bedroom flats:
- In need of renovation and modernisation:
- Projected rental income: £25,020 per annum:
- Potential for growth with renovation and modernisation:
Address
Open on Google Maps- Address Royal Avenue West
- Area Onchan
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Monthly
- Principal & Interest
- Property Tax
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